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5/26/23 8:37 AM

Rate Indications

To take down an advance, login to eBanking or contact the Member Transaction Desk :

855-345-2244, Option 1

Today's Headlines

Market Rates

In observance of Memorial Day, on Friday, May 26, 2023, term advances close at 1 p.m.; and overnight and open line advances close at 3 p.m. On Monday, May 29, 2023, advances will be closed.

S.A.V.E. Advance Special (until October 31, 2023): A one-time 10bp discount on up to $5mm of either an A121 Fixed Rate, Fixed Term or A300 SOFR Floater advance between 1-3 years. Must call the Member Transaction Desk and mention the S.A.V.E. Advance to execute. Visit our Solutions page on fhlbc.com for Terms and Conditions.

Advance Discount Specials (until June 30, 2023): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.

Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 5.30%) and 3-month (no minimum at 5.47%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Term

Treasury

Swaps

Fixed Rate Advances

2 years

4.58%

4.50%

4.81%

5 years

3.95%

3.76%

4.21%

7 years

3.89%

3.64%

4.37%

10 years

3.83%

3.57%

4.51%

FHLBC Deposit Rates^

DID (yesterday)

4.91832%

^Call for term deposit rates.

Fixed Rate Advances

Fixed Rate Callable Advances (Call Option Owned by Member)

Term

Community Advances

Regular Advances

All-in After Dividend*

Forward-Starting

Term

Lockout

Bermudan

All-in After Dividend*

Option Cost

1 week

5.21%

5.09%

Advances settle one year forward from today and then have stated term to maturity

2 years

6 months

5.83%

5.71%

1.02%

2 weeks

5.22%

5.10%

2 years

1 year

5.50%

5.38%

0.70%

3 weeks

5.26%

5.14%

3 years

6 months

5.94%

5.82%

1.48%

1 month

5.21%

5.32%

5.20%

3 years

1 year

5.57%

5.45%

1.10%

3 months

5.38%

5.49%

5.37%

5 years

6 months

6.07%

5.95%

1.86%

6 months

5.46%

5.57%

5.45%

5 years

1 year

5.71%

5.59%

1.50%

9 months

5.41%

5.52%

5.40%

5 years

2 year

5.08%

4.96%

0.87%

1 year

5.27%

5.37%

5.25%

4.21%

7 years

1 year

5.97%

5.85%

1.59%

1.5 years

4.95%

5.05%

4.93%

4.03%

7 years

2 years

5.49%

5.37%

1.12%

2 years

4.70%

4.81%

4.69%

3.97%

10 years

2 years

5.73%

5.61%

1.22%

2.5 years

4.48%

4.59%

4.47%

3.95%

10 years

3 years

5.55%

5.43%

1.04%

3 years

4.36%

4.46%

4.34%

3.94%

10 years

5 years

5.25%

5.13%

0.74%

3.5 years

4.27%

4.37%

4.25%

3.91%

15 years

5 years

5.60%

5.48%

0.76%

4 years

4.22%

4.33%

4.21%

3.89%

Fixed Rate Putable Advances (Call Option Owned by FHLBC)

4.5 years

4.15%

4.25%

4.13%

4.01%

Term

Lockout

European

All-in After Dividend*

Option Value

5 years

4.10%

4.21%

4.09%

4.13%

3 years

6 months

4.00%

3.88%

-1.56%

6 years

4.26%

4.36%

4.24%

4.17%

5 years

6 months

3.61%

3.49%

-1.96%

7 years

4.27%

4.37%

4.25%

4.30%

7 years

6 months

3.47%

3.35%

-2.10%

10 years

4.41%

4.51%

4.39%

4.46%

10 years

6 months

3.42%

3.30%

-2.15%

15 years

Call for availability

4.84%

4.72%

3 years

1 year

4.14%

4.02%

-1.23%

20 years

5.12%

5.00%

5 years

1 year

3.71%

3.59%

-1.66%

30 years

5.16%

5.04%

7 years

1 year

3.57%

3.45%

-1.80%

10 years

1 year

3.47%

3.35%

-1.90%

5 years

2 years

3.82%

3.70%

-0.99%

Amortizing Advances

7 years

2 years

3.62%

3.50%

-1.19%

Amortization Term

10 years

2 years

3.52%

3.40%

-1.29%

Term

5 years

7 years

10 years

15 years

7 years

3 years

3.67%

3.55%

-0.79%

5 years

4.54%

4.42%

4.36%

4.32%

10 years

5 years

3.91%

3.79%

-0.29%

7 years

n/a

4.47%

4.46%

4.45%

Term

Lockout

Bermudan

All-in After Dividend*

Option Value

10 years

n/a

4.51%

4.54%

5 years

6 months

3.36%

3.24%

-2.21%

Term

15 years

20 years

25 years

30 years

7 years

6 months

3.09%

2.97%

-2.48%

15 years

4.67%

4.78%

4.82%

4.85%

10 years

3 months

2.75%

2.63%

-2.74%

20 years

n/a

4.88%

5.01%

5.07%

7 years

1.24%

0.02%

1.26%

0.32%

30 years

n/a

5.10%

10 years

1.55%

0.02%

1.58%

0.32%

Floating Rate Advances

Discount Note Floater Advances

SOFR Index Floater Advances

Non-Prepayable

Prepayable (on reset dates)^

Index / Rate Indic.

Term

Prior Index

Spread

Prior Day Rate

Term**

Spread to 4WK

Spread to 13WK

Spread to 4WK

Spread to 13WK

SOFR

3 Months

5.06%

0.22%

5.27%

3 months

0.36%

n/a

0.42%

n/a

SOFR

6 Months

5.06%

0.25%

5.30%

6 months

0.40%

0.27%

0.46%

0.33%

SOFR

9 Months

5.06%

0.27%

5.31%

1 year

0.52%

0.45%

0.64%

0.52%

SOFR

1 Year

5.06%

0.29%

5.33%

2 years

0.64%

0.53%

0.66%

0.55%

SOFR

18 Months

5.06%

0.32%

5.37%

3 years

0.68%

0.58%

0.70%

0.60%

SOFR

2 Years

5.06%

0.34%

5.40%

4 years

0.77%

0.66%

0.79%

0.68%

SOFR

3 Years

5.06%

0.44%

5.47%

5 years

0.78%

0.67%

0.80%

0.69%

SOFR

4 Years

5.06%

0.51%

5.55%

Prior Index

4 week

5.077%

13 week

5.327%

SOFR

5 Years

5.06%

0.51%

5.55%

^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.

SOFR

6 Years

5.06%

0.74%

5.79%

Overnight Discount Note Floater**

SOFR

7 Years

5.06%

0.80%

5.86%

Term^

Prior Index

Spread

Prior Day Rate

SOFR

8 Years

5.06%

0.92%

5.98%

<= 3 Months

4.766%

0.394%

5.210%

SOFR

9 Years

5.06%

0.97%

6.02%

^Prepayable same day before 3:00PM. **Please call for additional terms not listed above.

SOFR

10 Years

5.06%

0.99%

6.05%

Overnight Advances

Term

Minimum

Today

Prior Day

1 Day

No minimum

5.18%

Open Line (Daily Rate Set)#

No minimum

5.41%

#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1.